ITP Aero is a member of the Spanish pavilion of FIDAE 2018, the most relevant Defence and Security aerospace exhibition in Latin America, where ITP Aero showcases its capabilities as a OEM (Original Equipment Manufacturer) in the main European Defence consortia: EPI, Eurojet and MTRI; participating in the development, production, in service support and maintenance of the TP400, EJ200 y MTR 390-E engines for the A400M plane, the Eurofighter Typhoon and the Tigre helicopter.

ITP Aero recorded an 850 million euro turnover, a year on year growth of 9% in line with the ITP 2020 Strategic Plan. Company workforce up by 8%

ITP Aero has started the second year of its Dual Specialized Professional Training programme with 19 student hires. 15 of them are joining the company's different production areas in its Zamudio facilities, and four more will be working in the CFAA (Advanced Aeronautical Manufacturing Center), where ITP Aero leads the Business Group made up by 58 partners.

The Helicopter Association International (HAI) has handed Chuck Hagen, Field Service Representative, Salesman and Trainer of Aeromaritime America, ITP Aero's subsidiary located in Mesa (Arizona), the Excellence in Maintenance of Helicopters Award. The prize has been awarded during the Helicopter Trade Show & Exhibition HAI HELI-EXPO held in Las Vegas, USA. This award acknowledges distinguished helicopter maintenance service professionals out of HAI's 18.000 members.

Ignacio Mataix has decided to leave ITP Aero and to take up another business opportunity. He will continue to work for ITP Aero until 16 February, in order to assure a smooth transition. The search for his replacement has already started. In this transition period the company and its Executive Team will be led by Carlos Alzola, who will become Interim General Manager ITP Aero; Simon Kirby, Rolls-Royce COO will provide strategic guidance.

Following Spanish Government approval of Rolls-Royce's acquisition of the remaining 53.1% stake in ITP, previously owned by SENER, from now on the Spanish company will be part of the Rolls-Royce group.

ITP has been providing maintenance, repair and overhaul (MRO) services to Cebu Pacific throughout the last seven years and this agreement signals the renewal of the partnership between both companies.

2017 is the centenary year of the first aircraft engine manufactured by the company Elizalde in Spain at the request of the government in office at the time (1917).